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Dec 7, 2012
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energy stocks okay. tech, materials a tough week to the downside, weighed down by apple which lost about $50 so far this week. financials were the big gainers. big comments this week about job layoffs but most of those big names were up again today. these stocks have turned around here. bank of america now well north of $10. home builders having a very rare down week. but up a little bit here today. i anticipate 30% increase in orders next week. kb home also to the up side. horton announces a dividend acceleration earlier today. finally noting here, courtney just mentioned apple and there you see apple down -- apple was $585 at the start of the week. that's $50 off of apple this week. >> the dow is higher today. we'll go up town in a moment to the nasdaq and seema. could you imagine what the dow would be doing this week if the apple were in it? the dow is a price weighted index. >> that's why it would not be in it. they'll have to do some kind of split of apple to put it in there. $600 -- >> can you imag
energy stocks okay. tech, materials a tough week to the downside, weighed down by apple which lost about $50 so far this week. financials were the big gainers. big comments this week about job layoffs but most of those big names were up again today. these stocks have turned around here. bank of america now well north of $10. home builders having a very rare down week. but up a little bit here today. i anticipate 30% increase in orders next week. kb home also to the up side. horton announces a...
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Dec 6, 2012
12/12
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energy is a wild card next year. that's what we should be allocating. >> rick, if we go over the fiscal cliff, you have to believe there will be a lot of hoarding of assets, sitting on money. maybe we get more action and fixed income. >> i think what nobody is talking about, you with allude to it constantly, and i'm in your camp. the damage is done. it's evident by many of these reports. even if they come up with a 13th hour settlement, even if they come up with good reform, some of the adjustments that have already been made or have been in the process of being made have already done a lot of damage that we didn't need. we already shot ourselves in the foot on this one. in terms of housing, you know, the shadow inventory that's been tied up in litigation, we could see as many as 20 million of those come on the market in 2013. even though i agree with the guest, there's a lot of different forms of the housing market. some of them are going to be under pressure due to this avalanche of shadowed foreclosure in 2013. >>
energy is a wild card next year. that's what we should be allocating. >> rick, if we go over the fiscal cliff, you have to believe there will be a lot of hoarding of assets, sitting on money. maybe we get more action and fixed income. >> i think what nobody is talking about, you with allude to it constantly, and i'm in your camp. the damage is done. it's evident by many of these reports. even if they come up with a 13th hour settlement, even if they come up with good reform, some of...
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Dec 6, 2012
12/12
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listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today. here's the deal. i was there early on, i was wrong. down 6% is not bad but there is a lot worse just a couple weeks ago when it was down 12% from where i bought it. so it's recovering. >> you like it? >> i do like it. i own it still. i have shaved part of my position but i still own most of it. i went wrong thinking nat gas would help it more than it did. nat gas is only 20% of the company. other 80% is coal and i hate coal so i shouldn't have done it. i think the news in nat gas today is good news in potentially opening up for sale lng. >>> let's see what seema mody's working on? >> tons of special dividends bein
listen to what our own steve weiss said about consol energy. >> i like the mixture of gas, nat gas and also coal. i think that's still a very attractive name to play an much less tied to the cold cycle than some of the other companies. >> well, those shares have lost some energy since then. about 6%. getting a little bit of a bounce today as you can see. yesterday, weiss, that's going through your mind? i see that rye smile on your face? >> i should have called in sick today....
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Dec 13, 2012
12/12
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just because regulations will be a little bit more transparent coming forward and the energy sector has been a hot one. how will that play in 2013. my clients are not looking at tomorrow or next week, they're looking to second quarter next year. liz: that is smart. i know you're looking at oil as well, looking at the aftermarket down another dollar on top of the $20 closing. no help at all. history the dollar was so weak the dollar still cannot manage, but what is this about? >> i know you love and we dip. liz: i think it is fascinating to watch, which truly is. >> yesterday the dollar was lower, today the dollar is higher. the dollar was pretty strong today. i agree with him about it being sensitive, but i think there is uncertainty. we are not really doing anything. we are waiting for what is going to happen. liz: what about the rumors of hedge fund liquidation? that is basically what we have had the past couple of days read a real shock factor. something had to have happened. >> unfortunately i am not privy to that, but if i had a nickel every time i heard about it moving the market,
just because regulations will be a little bit more transparent coming forward and the energy sector has been a hot one. how will that play in 2013. my clients are not looking at tomorrow or next week, they're looking to second quarter next year. liz: that is smart. i know you're looking at oil as well, looking at the aftermarket down another dollar on top of the $20 closing. no help at all. history the dollar was so weak the dollar still cannot manage, but what is this about? >> i know...
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Dec 13, 2012
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liz: investors betting on clean energy sending shares soaring 50% in the public debut. the inside scoop. the chairman, yes, runs tesla, and the ceo and co-founder, they are cousins, david. boy, they are big on entrepreneurial spirit. they are coming up next. plus, the holiday shopping season in high gear. up next, an analyst who is worried about holiday shopping, even with last month's pop. telling us why, pointing us to winners and losers for your stock portfolio. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. pl, it reduces copd flare-ups. spiriva the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if u have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye d
liz: investors betting on clean energy sending shares soaring 50% in the public debut. the inside scoop. the chairman, yes, runs tesla, and the ceo and co-founder, they are cousins, david. boy, they are big on entrepreneurial spirit. they are coming up next. plus, the holiday shopping season in high gear. up next, an analyst who is worried about holiday shopping, even with last month's pop. telling us why, pointing us to winners and losers for your stock portfolio. ♪ look, if you have copd...
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Dec 13, 2012
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>> you could do an energy policy. that's fiscal policy and create jobs. there are other things. >> the fed feels they are the only game in town, partly because fiscal policy's got to go the other way, and they are trying to keep the economy going with this expansion. is it a risky strategy? absolutely. >> yeah. >> and they don't want to say that they are nervous about it, but this is an experiment. they have never done this before. >> what do you want, buy technology? >> you know what? i think what you're seeing is bett performance going out the risk curve, okay? so early on you could make money buying treasuries because they rally. now we think they can't rally anymore. people moved into investment grade credit, right, safe assets. those yields are so far down so they are looking at riskier part of the curve. some of the high yields, we're being very picky. also remember systemic risk is going doubt. the possibility of your area falling apart with the ecb in the game right now. china, hard landing, so you've got worries about that so that's less downside
>> you could do an energy policy. that's fiscal policy and create jobs. there are other things. >> the fed feels they are the only game in town, partly because fiscal policy's got to go the other way, and they are trying to keep the economy going with this expansion. is it a risky strategy? absolutely. >> yeah. >> and they don't want to say that they are nervous about it, but this is an experiment. they have never done this before. >> what do you want, buy...
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Dec 12, 2012
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we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can -- that fracking can be just -- it's been done, by the way, i'm told, for 30 years. it can be done safely and rationally. some of the deep wells in the gulf, and it's certainly safer than sending hundreds of thousands of kids overseas to fight wars. so this could be -- it's safer than what? like that oil pipeline would have been safe in the alternative. we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational incr
we didn't have a great energy policy. we're importing 50%, 60% of oil from overseas, from places that want to kill us. and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can...
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Dec 5, 2012
12/12
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freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and gold holdings are at record levels. back to you. >> thank you very much, sharon. >>> let's get the trading action here. bob pisani is back with me. we were up 131 points. some news flashes out of washington about possible sequestration spending cuts from the omb. basically took the market off ifts best levels. held hostage again. >> we've got to get some action. if we don't see action we'll threaten sequestration. we did move up earlier in the day. there were very vague rumors that some republicans might be willing to break ranks and accept taxes for the wealthy, higher taxes for the wealthy. that o
freeport mcmoran, $9 million deal to diversify into energy, the world's largest copper producer, still a lot of interest in copper. they say their opinion on copper has not changed. retail investors looking to buy copper, buy gold as well. of course freeport is one of the world's largest producers of gold. they're doing it through the exchange traded products. the jjc for copper and gld for gold. copper prices nearly coming in to where gold prices are the last month or so as gold prices and...
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Dec 10, 2012
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energy stocks higher earlier, drifting lower, that has the dow's lead from the highs of the session. lastly we want to note that dovert corporation, took the stock down a couple of points. >> no t.o. the nasdaq now, everybody is talking about apple once again down here, but there is a lot more happening at the nasdaq than just apple today. >> absolutely. but let's lead with apple. jeffries hitting the take. could see decelerating growth, negative, margin leverage. elsewhere in tech, we are seeing green across the screen. hp, rising speculation that carl icon is interested in the company. that stock is outperforming today. lastly, the tablet wars heating up. barnes & noble named as part of barons top ten favorite stocks for 2013. the nook reader unit is holding its own against amazon and apple and these developments are not reflected in shares of bks. that's why you can see barnes & noble trading around 6%. sue? >> seema, thanks. rick san tellry is tracking action at the 162 on ten-year. what are they watching today, ricky? >> once treasuries opened today, we did see that rates were l
energy stocks higher earlier, drifting lower, that has the dow's lead from the highs of the session. lastly we want to note that dovert corporation, took the stock down a couple of points. >> no t.o. the nasdaq now, everybody is talking about apple once again down here, but there is a lot more happening at the nasdaq than just apple today. >> absolutely. but let's lead with apple. jeffries hitting the take. could see decelerating growth, negative, margin leverage. elsewhere in tech,...
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Dec 11, 2012
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today you have some energy complex moving higher. natural gas not so much, but how closely tied our prices of natural gas and gasoline into what happened as far as a fiscal cliff is concerned in how people feel about the discretionary income they have an in the monen their wallets? >> the fiscal cliff stuff, i am on the sidelines. we are in a range. if you look at the volatility, we are at the lowest points of the year right here. has not been this year since last year. but 21%. that tells the a lot of people are on the sidelines. look at the range we have been in. everybody got excited. nobody got excited about calls. you have to look at the volatility, index, as far as relationship between the natural gas. liz: is the trade to sell at 90, by at 80? >> absolutely. but easier said than done. seems to be going forward to the end of the year, on the sidelines, see what happens with the fiscal cliff stuff. the frank.thing. a lot of those take place at the first of the year. it will be more expensive. having a lot of people on the sideli
today you have some energy complex moving higher. natural gas not so much, but how closely tied our prices of natural gas and gasoline into what happened as far as a fiscal cliff is concerned in how people feel about the discretionary income they have an in the monen their wallets? >> the fiscal cliff stuff, i am on the sidelines. we are in a range. if you look at the volatility, we are at the lowest points of the year right here. has not been this year since last year. but 21%. that...
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[laughter] console, energy and qt production company have submitted multimillion dollar bids to drill for natural gas and oil on land surrounding pittsburgh international airport. the drilling revenue would reduce gate fees which could lead to cheaper flights. pan tone which -- named emerald as 2013's color of the year. the time has come, and that's today's speed read. liz: emerald green. the parent company of the toronto stock exchange is joining forces with the maple group in a move that is enabling the company to expand it product offerings. david: tom kloet is the see crow of -- ceo of tmx group. what a pleasure to see you. you're an american, by the way. >> i am. david: they brought in an outsider. there are a lot of similarities between canada and the u.s. but some very distinct differences, and one of them involves the markets. you are the main equity and clearing facility. you have everything in one shopp right? >> we also own and operate the country's futures and options market as well as and its clearinghouse. david: must make it a lot easier to see what's going on in the wh
[laughter] console, energy and qt production company have submitted multimillion dollar bids to drill for natural gas and oil on land surrounding pittsburgh international airport. the drilling revenue would reduce gate fees which could lead to cheaper flights. pan tone which -- named emerald as 2013's color of the year. the time has come, and that's today's speed read. liz: emerald green. the parent company of the toronto stock exchange is joining forces with the maple group in a move that is...
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Dec 12, 2012
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. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax multi-tool starter kit and get a free head attachment. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. call... and ask one of our insurance experts about it today. hello?! we believe our customers do their best out there in the world, and we do everything we can to be there for them when they need us. [car alarm blaring] call now
. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick up a ridgid jobmax...
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for an energy rich country, it pays the same as those in japan. liz: what would be the effect if this actually happened, if we started exporting if prices started to go up? >> at the end of the day the company will be fine. let the price of gas reaches the price of oil, then the investment that are on the books, $90 billion of other people's investment will disappear. that would be a tragedy in terms of job creation for this country. i don't think we should let that happen. liz: you cannot please all the people all the time, andrew. m exporting this research help the u.s. economy and help your customers in a better position to buy more of what you make? >> i would say to you, that is not a dow chemical conversation. that is a conversation for the country. if that does not get the right structure in this country, we will go to countries where we can and we do. liz: if they got approval, would you pull that texas investment. >> we can see exports coming out of this country off to a certain amount without affecting the price. one terminal does not cr
for an energy rich country, it pays the same as those in japan. liz: what would be the effect if this actually happened, if we started exporting if prices started to go up? >> at the end of the day the company will be fine. let the price of gas reaches the price of oil, then the investment that are on the books, $90 billion of other people's investment will disappear. that would be a tragedy in terms of job creation for this country. i don't think we should let that happen. liz: you...
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Dec 12, 2012
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we could go without access to energy sources -- open up access to energy sources. the new revenues must not be used for more spending and used to reduce the deficit. how we would lock that in my past experiments have been rather a failure, i do not have the solution to. it is important to note there are revenues that are acceptable to conservatives. that leads me to the other point. our long-term issue really is the spending issue. to the extent we have tax revenues low today, not because of the rates, because the economy is underperforming. the economy is quite weak right now. we should see much stronger growth and unemployment much lower. we want to see policies put in place that strengthen the economy and also begin to tackle this longer term spending issue we have driven primarily through entitlements. when it comes to those, there are a number of very broad, bipartisan support of the recommendations easily available to the president and speaker boehner and other leaders want to come together and get serious about making a down payment on our fiscal future. tha
we could go without access to energy sources -- open up access to energy sources. the new revenues must not be used for more spending and used to reduce the deficit. how we would lock that in my past experiments have been rather a failure, i do not have the solution to. it is important to note there are revenues that are acceptable to conservatives. that leads me to the other point. our long-term issue really is the spending issue. to the extent we have tax revenues low today, not because of...
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Dec 12, 2012
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meanwhile apart from some temporary fluctuations largely reflected swings in energy prices, it is likely to run at or below the federal market committee's 2% objective in coming quarters over the longer term. against a macroeconomic backdrop includes high unemployment and subdued inflation, the fomc will maintain the policy. today the committee took several steps. first, it decided to continue its purchases of agency mortgage-backed securities initiated at the september meeting at a pace of $40 billion per month. second, the committee decided to purchase longer-term secretary securities after the search to, current program to extend the maturity holdings is completed at the end of the year. in continuing its asset purchases, the committee seeks to maintain downward pressure on longer-term interest rates in the key financial conditions accommodated. therefore promoting economic growth while ensuring inflation over time is close to 2% objective. finally, the committee today also modify the guidance of future rate policy to provide more information to the public about how it anticipates it
meanwhile apart from some temporary fluctuations largely reflected swings in energy prices, it is likely to run at or below the federal market committee's 2% objective in coming quarters over the longer term. against a macroeconomic backdrop includes high unemployment and subdued inflation, the fomc will maintain the policy. today the committee took several steps. first, it decided to continue its purchases of agency mortgage-backed securities initiated at the september meeting at a pace of $40...
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Dec 12, 2012
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she's been a great leader for her dict and someone who has stepped up when it comes to energy issues in the ohio delegation, specifically on re-enriching uranium. our navy relies on uranium and jean made it a point to fight for a domestic source to power aircraft carriers and submarines. without a reliable source of fuel, the navy wouldn't be able to protect the homeland or fight abroad but not only that, jean has been a voice of fiscal responsibility in her time in congress and i wish her the best going forward. my colleague betty sutton, i want to thank her for her service to ohio and the nation. we had a hard fought and extremely competitive campaign. throughout it, she maintained a level of professionalism and integrity not often seen in american politics. i want to thank her for her service and i wish her the best of work with her future endeavors. last but not least, my friend steve latourette who has been a friend, a guide, a trusted confidant and someone who i have looked to as a mentor. he and i both strongly supported a couple of issues, development of fuel cell technology
she's been a great leader for her dict and someone who has stepped up when it comes to energy issues in the ohio delegation, specifically on re-enriching uranium. our navy relies on uranium and jean made it a point to fight for a domestic source to power aircraft carriers and submarines. without a reliable source of fuel, the navy wouldn't be able to protect the homeland or fight abroad but not only that, jean has been a voice of fiscal responsibility in her time in congress and i wish her the...
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matt smith is commodities analyst at summit energy services. thanks for joining us. dive into the issue of leadership first. he has been the secretary-general for about six years. now he is stepping down. how important is who replaces him? >> well, it's very important really. he has taken us through a very torrid time in the crude market and now, at a time when they're having this meeting when you would expect there would be all these different debates going on regarding supply, regarding price, the whole cartel is happy with supply and price. yet there is the huge concern with the leadership whether it will go to an iranian a iraqi or a saudi. this is a huge concern especially at a period when we're entering where we will need cuts probably next year by opec. melissa: yeah. i mean there's a lot of focus on this. at the same time anytime i've been at a meeting most of the meeting happens away from the meeting. they all meet late into the night at each other's hotels trying to hash out what's going to be said. does saudi arabia in your mind, minister al-naimi, still c
matt smith is commodities analyst at summit energy services. thanks for joining us. dive into the issue of leadership first. he has been the secretary-general for about six years. now he is stepping down. how important is who replaces him? >> well, it's very important really. he has taken us through a very torrid time in the crude market and now, at a time when they're having this meeting when you would expect there would be all these different debates going on regarding supply, regarding...
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Dec 13, 2012
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that's right, 78 quad drillon uses of energy. no kidding about it. when we look at what's happening in the energy complex today, a lot has to do with the fiscal cliff. you know, we saw the big builds in gasoline supplies over the last couple weeks and refining mar gyps cut in half. we have problems on the side where the supplies are tight, and the question for this market over the long term is how quickly refinders can flip to the other side. the other big news, of course, looking at aaa today, they say that holiday gasoline demand is 1.6% above a year ago. talk metals with that, always shimmering, sandra smith. >> thank you for that intrough, mr. phil. look at this, guys, messing with the charts here, a six-month chart, silver and gold. the gold line here, and silver out performing gold so far in 20 # 12. gold prices up 10%. silver up 21%, guys, so, really, outshining gold so far. look at what's happening with gold today. i'm going to throw up an year-to-date chart here. big sell off in the open, profit taking after a jump yesterday. the reason folk
that's right, 78 quad drillon uses of energy. no kidding about it. when we look at what's happening in the energy complex today, a lot has to do with the fiscal cliff. you know, we saw the big builds in gasoline supplies over the last couple weeks and refining mar gyps cut in half. we have problems on the side where the supplies are tight, and the question for this market over the long term is how quickly refinders can flip to the other side. the other big news, of course, looking at aaa today,...
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Dec 10, 2012
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as i mentioned just before the break here, tan yellow stone who covers energy and environmental issues for national geographic graphic on a very interesting mission to california to look for new innovations in california and for agriculture, transportation and housing and energy, a all kind of different areas. he is up early on the west coast in the santa cruz, california. daniel stone, good morning. >> good morning, sir. it's not so early. >> bill: you are in santa cruz. you know the pot heads are up all night long. >> that's true. when in rome. right? >> peter: really? how committed to that are you? >> not entirely >> bill: you are on the kind of final swing of this tour? dan: i have been on the road for almost two weekends here i started in san diego went all the way up to the oregon border. now, i am heading down the coast. >> bill: up in eureka? up in that area? dan: redding shasta county and drove to the coast and now past san francisopen, pala alto and santa cruz on my way to l a. >> bill: i know you have been looking at lots of different projects. i have been reading some of yo
as i mentioned just before the break here, tan yellow stone who covers energy and environmental issues for national geographic graphic on a very interesting mission to california to look for new innovations in california and for agriculture, transportation and housing and energy, a all kind of different areas. he is up early on the west coast in the santa cruz, california. daniel stone, good morning. >> good morning, sir. it's not so early. >> bill: you are in santa cruz. you know...
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Dec 12, 2012
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we could be energy independent by 2020. the innovation is coming from our business owners in this state and across the country. the more we can do to use that, the better off we will be for it. oklahoma has been second in job growth since the governor has been in office. we are one of the lowest states of unemployment. we have had the fourth highest in capital income. we feel like the things we have been doing in office are producing the results. the fiscal cliff will have devastating effects on that. it was unsustainable for us to carry on the costs without facing major cuts in education and transportation and public safety. the aerospace and defense industry and our state are looking at 16,000 jobs if we go off the cliff and sequestration occurs. we do have some good things that are happening. some other things that are potentially not so good. >> one quick follow-up. what did detroit say? >> absolutely. we put it out there. i am not the expert. we have a half-ton truck out there now. we are looking at a three- quarters t
we could be energy independent by 2020. the innovation is coming from our business owners in this state and across the country. the more we can do to use that, the better off we will be for it. oklahoma has been second in job growth since the governor has been in office. we are one of the lowest states of unemployment. we have had the fourth highest in capital income. we feel like the things we have been doing in office are producing the results. the fiscal cliff will have devastating effects...
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master limited partnership and this is an example of that and operates in energy infrastructure rent paid their earnings. it certainly was one with high demand and moved up 28% back to you. >> you get the next two days of. dave: we all do saying good this. is in the futures closing. the look is at the cme looking at all futures -- we did have this nice little rise at the end of the trading day. did it continue after hours? >> a little bit. not too much. looking at next week you wanted a attention to the fed analysis and watch any fiscal cliff tops. the key level support in the s&p, really what chapel which was beat up quite a lot here recently. you see a turnaround in the stock market and the nasdaq might turn to the upside as well. >> after causing billions of dollars of damage, eric king -- >> shares of generator maker holdings up double digits since the storm hit and the company on a hiring spree. jeff flock live in wisconsin with an exclusive look at the manufacturing facility. i know a lot of neighbors up there in the northeast buying generators. jeff: you can't make them fast e
master limited partnership and this is an example of that and operates in energy infrastructure rent paid their earnings. it certainly was one with high demand and moved up 28% back to you. >> you get the next two days of. dave: we all do saying good this. is in the futures closing. the look is at the cme looking at all futures -- we did have this nice little rise at the end of the trading day. did it continue after hours? >> a little bit. not too much. looking at next week you...
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Dec 10, 2012
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. >> reporter: critics be dammed says governor jerry brown who backed solar energy no matter of cost or consequence. >> we are the people living with it for ever. we are opposed to it. >> reporter: riverside county is home to more molar energy than anywhere in the u.s. some call it a taxpayer rip off. >> they talk about all the huge jobs and long-term benefit to the county. we will be carrying the burden of having these types of facilities for decades to come. >> there isn't a single energy source in the united states that isn't subsidized right now. this is leveling the playing field for solar. the truth is that the cost for solar power is going consistently down. >> reporter: costs are dropping but solar is still up to five times more expensive than conventional energy and the plants pay millions in local property taxes while solar pays next to nothing. when riverside tried to impose an impact fee big solarued. >> this was an illegal tax. >> reporter: they have local environmen environmentalists on fire for bulldozing habitats and species. >> now we have seen acres of the desert bl
. >> reporter: critics be dammed says governor jerry brown who backed solar energy no matter of cost or consequence. >> we are the people living with it for ever. we are opposed to it. >> reporter: riverside county is home to more molar energy than anywhere in the u.s. some call it a taxpayer rip off. >> they talk about all the huge jobs and long-term benefit to the county. we will be carrying the burden of having these types of facilities for decades to come. >>...
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Dec 8, 2012
12/12
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we have an energy boom going on, low energy prices. we have manufacturing output increasing in this country. we have the housing boom with low interest rates to stay for a couple of yearses. is there enough that could happen that could offset what's going on in washington? can we grow our way out of this? >> we can't ignore them. if they blow it, there is nothing we can do. the risks are becoming more balanced where things like the housing recovery, consumer debt coming down are starting to offer the possibility where growth might be stronger although it could be lower. it's more balanced. i think they will strike a deal. they may go after january 1 so the republicans can say taxes went up. now we're cutting taxes though they give in on the tax cuts for the 2%. >> stay where you are. the unemployment rate is at its lowest point since december of 2008. after the break we'll tell you why it is not as good as it looks. [ nyquil bottle ] you know i relieve coughs, sneezing, fevers... [ tylenol bottle ] me too! and nasal co [ tissue box ] h
we have an energy boom going on, low energy prices. we have manufacturing output increasing in this country. we have the housing boom with low interest rates to stay for a couple of yearses. is there enough that could happen that could offset what's going on in washington? can we grow our way out of this? >> we can't ignore them. if they blow it, there is nothing we can do. the risks are becoming more balanced where things like the housing recovery, consumer debt coming down are starting...
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Dec 13, 2012
12/12
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ashley: your company, you say in your notes, you like energy xx1 to deliver twice the energy and then some of the has government regulations slowed you down in that effort? >> you know, i think coming out of the moratorium it definitely slowed us down but now that we all understand the regs and everybody has gotten used to dealing with it, and day-to-day activities it is fairly mundane and things are going about and we're able to do our business. ashley: we talk about energy independence. will that ever happen? we're getting closer and closer it that, john? is that a good thing? it would appear to be but i can't imagine saudi arabia would be very happy about it. >> yeah. i think, you know, i think you've got to remember that people like to talk about america and forget about the rest of the world. america is going to make some great headways. the developing nations have actually declined on their oil consumption since 2007 by about 6 million barrels. but the developing nations around the world are up 10 million barrels, hence the increase in demand. i think in the u.s. we have a legit
ashley: your company, you say in your notes, you like energy xx1 to deliver twice the energy and then some of the has government regulations slowed you down in that effort? >> you know, i think coming out of the moratorium it definitely slowed us down but now that we all understand the regs and everybody has gotten used to dealing with it, and day-to-day activities it is fairly mundane and things are going about and we're able to do our business. ashley: we talk about energy independence....
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Dec 10, 2012
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public using grass rights networks to get support for them, whether that's immigration reform or maybe energy reform. he has to keep some out of the progressive network intact. the election and recent polling shows that the tide of public opinion is turning on marriage equality. something assistant democratic leader dick durbin articulated yesterday. >> marriage equality is part of america's future, and we saw that in state after state in the last election. the supreme court will take up the issue, and i hope that they understand as most of us do that this is part of our future. marriage equality and the equal treatment of people who have made this decision is part of what america is all about. >> will the supreme court seize the momentum? we will look at the high court's upcoming decision on same-sex marriage. that's next on "now." [ female announcer ] born from the sweet monk fruit, something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. new nectresse. oh, let me guess --o
public using grass rights networks to get support for them, whether that's immigration reform or maybe energy reform. he has to keep some out of the progressive network intact. the election and recent polling shows that the tide of public opinion is turning on marriage equality. something assistant democratic leader dick durbin articulated yesterday. >> marriage equality is part of america's future, and we saw that in state after state in the last election. the supreme court will take up...
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Dec 10, 2012
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the energy department here in the u.s. thinks for its $132 million investment, it should get a share of the proceeds. the company from china disagrees. decision could be months away. finally, it's like the seven-second delay on steroids. the state department is reportedly considering drastically rewriting its rules on social media novembering geinvolving two daye a tweet. "washington post" says the move may be in the wake of a scandal involving around a tell-all book but it's worth noting that the u.s. embassy in cairo egypt ran in trouble over tweeted apology over the anti-islam film that surfaced before the terror attack in benghazi, libya. there is a renewed battle going on tonight in california about renewable energy. specifically, solar power. it's about profit versus loss. tax collectors versus the taxpayers. correspondent william la jeunesse lays it all out for us. >> there will be screwups and bankruptcies. indictments and deaths. but we are going to keep going. >> critics be damned says governor jerry brown who ba
the energy department here in the u.s. thinks for its $132 million investment, it should get a share of the proceeds. the company from china disagrees. decision could be months away. finally, it's like the seven-second delay on steroids. the state department is reportedly considering drastically rewriting its rules on social media novembering geinvolving two daye a tweet. "washington post" says the move may be in the wake of a scandal involving around a tell-all book but it's worth...
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Dec 13, 2012
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the cheap energy and consistent energy in our country is remarkable. it is why -- >> stock's up 85% this year. >> they are coining money, david, i know you can say they are late with that but you get these major industrial companies taking advantage of lower energy costs in this country. it is a win for the american people. i'm try to be upbeat in the face of washington pulling us down every single day. >> upbeat tonight on "mad money," 6 and 11? >> brigs and stratton, machinery company. i got to tell you, i use a briggs and stratton energy to be able to power my house during the power outage. see you back here to >> all right, buddy. >> 6.5, the magic number, how let fed says the rate of unemployment has to get to before it even thinks about raising rates. what if we don't get there? we will explore what's at stake for your money. keep it here. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what t
the cheap energy and consistent energy in our country is remarkable. it is why -- >> stock's up 85% this year. >> they are coining money, david, i know you can say they are late with that but you get these major industrial companies taking advantage of lower energy costs in this country. it is a win for the american people. i'm try to be upbeat in the face of washington pulling us down every single day. >> upbeat tonight on "mad money," 6 and 11? >> brigs and...
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Dec 12, 2012
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i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this is it. the last scheduled meeting unless there is an emergency. what do you say? >> there are a couple things to watch here. this is all about getting housing going again. this is why they are buying mortgage bonds. they talked about it in several statements. the economy -- you are starting to see a cat that housing recovery. we are going into the slow season, winter is usually the slow season for housing. if they do more than expected will be in mortgage bonds. dennis: which would you rather have the fed buy more of? mortgage-backed securities for u.s. treasurys? >> for much
i wonder if that language changed and they talked about higher energy prices. that is not a factor in a statement we expect to get today. any language changes you are expecting? >> i am not expecting any language changes. the elevated unemployment rate will remain in there and whoever spend enough time in six weeks for them to fundamentally change their forecasts. cheryl: okay. constance, what do you think? will there be a true language change? if we look at -- you know ben bernanke. this...
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Dec 9, 2012
12/12
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even control your thermostat to help save energy and money. get adt installed starting at just $99. that's a $300 savings. you may even save up to 20% on your homeowners insurance. for everything that matters most. adt. always there. >>> welcome back, everybody. it's time for "sunday house call." joining us, dr. mark skiing siegel, associate professor of med. and vice chairman of the department of urology at the mount sinai medical facility here. >> good morning. >> good to see you. we begin with a shocking report that has to do with the representative head injuries. how dangerous they can be. the researchers found substantial new evidence linking repeat concussion to say permanent brain injury. dr. siegel, when you are a kid you get your bell running and if you don't throw up, you're okay. go home. now we're seeing it has long-term effects. >> chronic traumatic enself lop think. we thought boxers had that. they had a risk of getting anger, getting depression, getting
even control your thermostat to help save energy and money. get adt installed starting at just $99. that's a $300 savings. you may even save up to 20% on your homeowners insurance. for everything that matters most. adt. always there. >>> welcome back, everybody. it's time for "sunday house call." joining us, dr. mark skiing siegel, associate professor of med. and vice chairman of the department of urology at the mount sinai medical facility here. >> good morning....
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shares of energy are searching today after the company announced with its french partner oil company that they had made a significant oil discovery at the north platte offshore property in the gulf of mexico. elizabeth murdoch and one of -- died at the age of 103. she is survived by three of her four children. news corporation is the parent of the fox business network. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. before facebook is joining the nasdaq 500. connell: shibani joshi in the newsroom with this story. shibani: it is about time if you are a facebook investor. it wanted to be in the presence of the tech grades. it will be part of t
shares of energy are searching today after the company announced with its french partner oil company that they had made a significant oil discovery at the north platte offshore property in the gulf of mexico. elizabeth murdoch and one of -- died at the age of 103. she is survived by three of her four children. news corporation is the parent of the fox business network. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] this is amy. amy...
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Dec 7, 2012
12/12
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it's energy costs so much lower than around the world. labor costs -- look at these labor rates. people are not working for much more money. there is slack in the system. it's a developing story. >> tim cook in yesterday's interview on rockcenter said it's the lack of manufacturing skills. they have to look overseas to manufacture their products. i thought that was interesting. there's a notion here in the united states that it's always about cheap labor. cheap labor. that's why you go to china. not necessarily entirely the case. >> a lot of manufacturing jobs require a certain amount of math skill now that was not required 20 or 30 years ago. unfortunately we hear time and again from chief executives, they have hard time filling those fairly high level manufacturing jobs, high skill required manufacturing jobs. >> this is what ceo of general electric stressed in the jobs council for the president, listen up, mr. president. junior colleges is where you can make a difference. >> vocational skills. >> i don't feel it's -- look, washington is focused on different things across the b
it's energy costs so much lower than around the world. labor costs -- look at these labor rates. people are not working for much more money. there is slack in the system. it's a developing story. >> tim cook in yesterday's interview on rockcenter said it's the lack of manufacturing skills. they have to look overseas to manufacture their products. i thought that was interesting. there's a notion here in the united states that it's always about cheap labor. cheap labor. that's why you go to...
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Dec 5, 2012
12/12
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what i have been struck in the debate is the time, energy, and attention that has been spent on these tax policies, and the neglect of the broader challenges we face. this is the fantasy of bill and donald that the entire world is focused on capping deductions and what the ramifications are and this is how they spend their lives, so they are in their element, but -- of the broader goals here. -- but we sometimes lose sight of the broader goals here. as maya was saying, the first question i wanted to answer, does this stall the problem? we have a medium-term problem which is the 10-year window, we're going to borrow $10 trillion unless we change our policies. then we have what we feel is a primary threat to the future, the long-term problem. before we get to the detail of what the percentage should be, we need to make sure that whatever we negotiate solves those problems. it is essential that revenue be part of the equation. not only for political reasons, but numerically it is difficult to do the spending cuts alone. you need to cut the budget by 30% over the long term, and that will
what i have been struck in the debate is the time, energy, and attention that has been spent on these tax policies, and the neglect of the broader challenges we face. this is the fantasy of bill and donald that the entire world is focused on capping deductions and what the ramifications are and this is how they spend their lives, so they are in their element, but -- of the broader goals here. -- but we sometimes lose sight of the broader goals here. as maya was saying, the first question i...
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Dec 6, 2012
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i didn't want to bring this up, even though doing so would raise energy prices. the report is expected to help shape the obama administration response to more than a dozen proposed pet projects. >> it's because it helps the economy and really helps the economy. >> you are a huge block, you're standing in the way of it. >> i've changed my mind about a month and a half, i got beat up by jack i think. >> by a lot of people. >> i still think there is an argument to be add that if you'relogical looking for energy independents you would keep some of the stuff here but i understand if you're looking at it from the prism of jobs this is something you want to tackle. >> we're a free trade country and part of it is you don't make a rule that says why can't regoing to say the food companies can't sell, can't export. you got to be willing to permit exports especially when as in the case here there aren't many things where the american price is a fifth of the world price. that's a huge opportunity. >> there was one line and i just want to throw it out to you that said they we
i didn't want to bring this up, even though doing so would raise energy prices. the report is expected to help shape the obama administration response to more than a dozen proposed pet projects. >> it's because it helps the economy and really helps the economy. >> you are a huge block, you're standing in the way of it. >> i've changed my mind about a month and a half, i got beat up by jack i think. >> by a lot of people. >> i still think there is an argument to be...
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Dec 11, 2012
12/12
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CURRENT
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the natural energy of peanuts and delicious, soft caramel. to fill you up and keep you moving, whatever your moves. payday. fill up and go! you disgust me. prove it. enough is enough. d-con baits are specially formulated to kill in one feeding. guaranteed. d-con. get out. our conversation is with you the viewer because we're independent. >>here's how you can connect with "viewpoint with eliot spitzer." >>questions, of course, need to be answered. >>we will not settle for the easy answers. >> david: the republican obstructionism has maiden made enacting even the most basic legislation an arduous process. which could be why so few bills are actually getting passed. i had a chance to talk with representative linda sanchez. >> thank you for talking with us. has the republican party learned anything as it moves forward with an offer that begins to makes sense to you? >> i would have thought that the republicans would have paid more attention to the election results because i think the voters sent a clear mention that they don't want this brinksman
the natural energy of peanuts and delicious, soft caramel. to fill you up and keep you moving, whatever your moves. payday. fill up and go! you disgust me. prove it. enough is enough. d-con baits are specially formulated to kill in one feeding. guaranteed. d-con. get out. our conversation is with you the viewer because we're independent. >>here's how you can connect with "viewpoint with eliot spitzer." >>questions, of course, need to be answered. >>we will not settle...
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Dec 11, 2012
12/12
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CURRENT
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you know, he put so much energy into passing the affordable care act, but now the real work gets done. putting in place the state exchanges, the federal exchange, moving the delivery system forward, reducing costs over all in the system, providing that big expansion of coverage that is embedded in that legislation. that takes enormous effort, enormous work. i think he has to work not only with his own agencies but with governors around the country. >> eliot: it's interesting because not many people focus on this, but when the president regalvannized his election, i think plays to your point and there is so much residual power. >> there was a big meeting with immigration activists and people wanted to see reform, including people from the bush administration. we encourage him to take that step particularly for the dream act kids. i think he was reluctant at that moment and thought he could work with congress. it's apparent that congress was not going to do anything. he did the right thing to take that action and it probably helped him politically. >> eliot: it was right substantively,
you know, he put so much energy into passing the affordable care act, but now the real work gets done. putting in place the state exchanges, the federal exchange, moving the delivery system forward, reducing costs over all in the system, providing that big expansion of coverage that is embedded in that legislation. that takes enormous effort, enormous work. i think he has to work not only with his own agencies but with governors around the country. >> eliot: it's interesting because not...
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Dec 12, 2012
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fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know, of course, you can't get down to what those 18,000 employers would really say now because some still have demand and some would be less impacted and more impacted. we look at our clients and what they are trying to do right now. 27% in this survey said there would be no change, and the reason this number is high and higher than we've seen, they are holding their hands tight. okay. what do i do? don't know what to do, but we're hearing also, you know what, as your previous guest said if i had some certainty i would feel a little bit better about hiring some people and adding that cost on and until we get t
fiscal cliff didn't seem to have as much energy around t.each day that passes we're hearing from our clients, we're going to hold off and we have to make sure. it's really the quickness in which they can do this. >> i was going to ask you if you did that survey today, i wonder whether or not the hiring plans would be a little bit different. if we go into recession or are go over the cliff, what do you think the survey results would look like? >> it's a great question, and, you know,...
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Dec 8, 2012
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it is medical research, research on new energy sources. entrepreneurs come out of these kinds of advances where we see basic research funded by the government that we take for granted. if we keep cutting that and not being sure about it, even r&d tax credits. doing them retroactively benefits companies that we are doing it anyway or took a chance. we have to make it permanent. we have to say, this is something you can count on. we have to figure out how to do it. >> on entitlements, from a democratic side, in 1969, the federal government keeps track of the total share of spending that goes into investment in research and development, infrastructure, education, and training. 31.2% of the federal government was devoted to investment. 31.2% were payment to individuals. today, 50.6% of the government is investment and payment to individuals -- double what it was. from a democratic perspective, can you sustain the programs that democrats see as critical for investing in the next generation without finding ways in a graying society to control th
it is medical research, research on new energy sources. entrepreneurs come out of these kinds of advances where we see basic research funded by the government that we take for granted. if we keep cutting that and not being sure about it, even r&d tax credits. doing them retroactively benefits companies that we are doing it anyway or took a chance. we have to make it permanent. we have to say, this is something you can count on. we have to figure out how to do it. >> on entitlements,...
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Dec 10, 2012
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cnooc has been given the green light to acquire canadian energy company nexen for $15.1 billion. now, the cnooc deal is the one getting all the attention. here is why. it would give a huge china eeps state run enterprise a firm foothold in canada's oil sands. third only behind saudi arabia and venezuela. it was not an easy decision for the prime minister and his conservatives. he had to walk a fine line, appearing open to investments and diversifying canadian energy exports away from the u.s. but not appear to go be giving china control of northern albert ya's oil sands. so he will allowing the deal, but harper says this is not a garage sale and he will not give an approval the next time to foreign state observed enterprises. >> a series of large scale, controlling transactions by foreign state-owned companies could rap idealy transform this industry from one that is essentially a free market industry to one that is under the control of a foreign government. >> however, some are skeptical as to whether harper can keep his promise to shut out big investment from state-owned firms
cnooc has been given the green light to acquire canadian energy company nexen for $15.1 billion. now, the cnooc deal is the one getting all the attention. here is why. it would give a huge china eeps state run enterprise a firm foothold in canada's oil sands. third only behind saudi arabia and venezuela. it was not an easy decision for the prime minister and his conservatives. he had to walk a fine line, appearing open to investments and diversifying canadian energy exports away from the u.s....
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cheryl: is time to make money with charles payne, looking at texas-based energy company. charles: it is the topic of the day because the department of energy came out with a gigantic study on liquefied natural gas and for the most part after reading all of it the upshot is it is a great thing for america's economy. at the forefront of this, they got approval to export liquefied natural gas a year ago. the day they got the approval i contacted the company and a secretary said we can't talk to anybody, we're all partying. the stock, subscribers have been in this three four times, this is capital intensive. they have $11 billion and raised -- putting this on and start to export this by 2015. chris that given the dim view on gasoline and zynga wire investors' optimistic this will allow president obama to turn positive? charles: if the president will see the numbers he likes like manufacturing the only edge we have a, this is why this is so amazing. natural gas costs $16.58 in japan. is less than $3 here and $12 in europe so we will have a competitive advantage to be able to p
cheryl: is time to make money with charles payne, looking at texas-based energy company. charles: it is the topic of the day because the department of energy came out with a gigantic study on liquefied natural gas and for the most part after reading all of it the upshot is it is a great thing for america's economy. at the forefront of this, they got approval to export liquefied natural gas a year ago. the day they got the approval i contacted the company and a secretary said we can't talk to...
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Dec 7, 2012
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. >>> a major green light from the energy department for oil and gas. believe it or not, it calls for more drilling here, more exports of our own resources, drill, drill, drill. we will have the details next up. and don't forget, free market capitalism is the best path to prosperity. just look at the energy industry, what is happening there, if government would just take its paws off it. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. sponsored report gave a full endorsement that more liquid natural gas exports will help our economy and more shale oil and gas production will make us energy independent. question, will the epa keep its snout out of this great breakthrough energy process? here now to tell us is john hoffmeister. john, what's this take on th
. >>> a major green light from the energy department for oil and gas. believe it or not, it calls for more drilling here, more exports of our own resources, drill, drill, drill. we will have the details next up. and don't forget, free market capitalism is the best path to prosperity. just look at the energy industry, what is happening there, if government would just take its paws off it. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about...
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Dec 13, 2012
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energy, tech, materials, all down. volatility, everybody is waiting for it, but the vix does not move at all. just a modest move again today. the fiscal cliff looks like it's going to be resolved. that's what the vix is saying, and the fed's actions are not going to create volatility, even additional futures contracts in the vix are not higher in the last several weeks here. we did have a spike in bond yields yesterday. some good very excited about the idea that perhaps we were going to have some inflation issues, but, you see, inflation portfolios that spiked yesterday, didn't do anything today. the gold issue is down and the pimco tips, didn't do anything today and even funds, etfs, maria, that short treasuries like that tbt, that bottom one there, that had big volume yesterday and today but not a lot of price action. maria, back to you. >> up next, no impact. someone here says the federal reserve's unprecedented action to keep the economy on track won't make a lick of a difference in avoiding the fiscal cliff. the d
energy, tech, materials, all down. volatility, everybody is waiting for it, but the vix does not move at all. just a modest move again today. the fiscal cliff looks like it's going to be resolved. that's what the vix is saying, and the fed's actions are not going to create volatility, even additional futures contracts in the vix are not higher in the last several weeks here. we did have a spike in bond yields yesterday. some good very excited about the idea that perhaps we were going to have...
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Dec 5, 2012
12/12
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the energy that they give me. i think this year at the olympics, i went out there and when i got there, there was so much people in the stands that early in the morning, i was so surprised. i was like -- every championship i've been to, it's been like a few hundred people. everybody just comes out, few people might come out and watch because they really like track and field but in london, early in the morning, everybody was out like it was full from the morning session. so for me, an energy i got in london was just wonderful. >> i was walking around london and all i could see were people going like this, everywhere. everyone wanted to be the bolt. >> a lot of that going on. >> is it the secret, because you jamaicans are flying down every track at the moment, winning everything, is the secret yams? is there something in the jamaican yam? >> i used to have a lot of yams. if it was one thing i wasn't short of growing up, it was yams. i don't eat yams that much now. i think i had too much when i was young. >> who are
the energy that they give me. i think this year at the olympics, i went out there and when i got there, there was so much people in the stands that early in the morning, i was so surprised. i was like -- every championship i've been to, it's been like a few hundred people. everybody just comes out, few people might come out and watch because they really like track and field but in london, early in the morning, everybody was out like it was full from the morning session. so for me, an energy i...
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Dec 5, 2012
12/12
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the energy and personal commitment made the country a more hopeful place. she will be missed by many. dame elizabeth murdock survived by 77 direct dekren dents, 50 great grandchildren and six great, great grandchildren. she was 103 years old. >> bret: now fresh pickingsings from the political grapevine. they voted for president obama, there overwhelmingly. but near bankrupt detroit is not yet getting a bail-out. councilwoman joanne watson does not like that one bit. >> the election, calling out senator young. to washington, d. he came back home with some bacon. that is what you do. that's what you do. overwhelmingly supporting the re-election of this president and there ought to be quid pro quo and you ought to exercise leadership on that. of course not just that, but why not? >> bret: the detroit free press called this type of thinking, "city government remains stuck in an alternative universe -- alternate universe of denial and daydream." adding "it may be time to pray to a higher power for government sanity." president obama's uncle is getting a new depo
the energy and personal commitment made the country a more hopeful place. she will be missed by many. dame elizabeth murdock survived by 77 direct dekren dents, 50 great grandchildren and six great, great grandchildren. she was 103 years old. >> bret: now fresh pickingsings from the political grapevine. they voted for president obama, there overwhelmingly. but near bankrupt detroit is not yet getting a bail-out. councilwoman joanne watson does not like that one bit. >> the election,...
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Dec 12, 2012
12/12
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FBC
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it takes energy of political capital to make those changes. there's a tradeoff in dealing with the cliff and the immediate tax increases on individuals and the capacity to also think more fundamentally. tracy: i hear you. there shouldn't be a tradeoff. we knew it was coming. we saved it for the last minute. it's like people taking laxatives to lose the last five pounds before a wedding. it doesn't work. alex, former ways and means committee, chief economy, it frtrates me, sir, thanks for being here. >> all right, thanks for having me on. tracy: you have a burger, and it's back on again. we have a fox business alert now. british bank agreed to pay $2 billion to settle a money laundering probe. the justice department says they broke the law in connection with the laundering of money from narcotics trffickers in mexico, lieve it or not. they say hstc intentionally allowed prohibited transactions with iran, libya, sudan, burma, and cuba. the ceo says the bank accepts responsibility and is profoundly sorry. really? that was it. coming up, is the fo
it takes energy of political capital to make those changes. there's a tradeoff in dealing with the cliff and the immediate tax increases on individuals and the capacity to also think more fundamentally. tracy: i hear you. there shouldn't be a tradeoff. we knew it was coming. we saved it for the last minute. it's like people taking laxatives to lose the last five pounds before a wedding. it doesn't work. alex, former ways and means committee, chief economy, it frtrates me, sir, thanks for being...
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Dec 8, 2012
12/12
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MSNBCW
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actually imagine demint crafting a piece of viable legislation that has to deal with immigration reform or energy reform or any kind of reform period, ari? >> no. clearly not from his record. and kwong he would claim otherwise. he is all about setting down standards, holding the line. not working towards losings. not trying to make government work. i mean what you can say about him he has been honest about his world view. it is a world view where we spend more time worrying billionaires and everyone else, and where government failure is sold as a success. that is literally the idea. and so they're going to go out now and try to do more things to jam up the senate and to tie the hands of government. that's why their deficit goals, that's why they're obsessed with using a lot of long-term scare tactics to basically continue to shrink this government. the one quibble i have with what ryan said, i'm not sure that he alone controls this foundation. kato has had a lot of pushback from the coke brothers. at the end of the day, its people who write the checks. >> republican think tanks, good luck to you
actually imagine demint crafting a piece of viable legislation that has to deal with immigration reform or energy reform or any kind of reform period, ari? >> no. clearly not from his record. and kwong he would claim otherwise. he is all about setting down standards, holding the line. not working towards losings. not trying to make government work. i mean what you can say about him he has been honest about his world view. it is a world view where we spend more time worrying billionaires...
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Dec 6, 2012
12/12
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CNBC
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. >>> enough energy from wind to power the entire many times over? it is not the latest sci-fi flick. some experts say it is a real possibility but the industry faces a possible setback. its controversial tax credit could go over the fiscal cliff. >> when swind placed on the surface of the earth, you can get something like 20 times the amount of power that civilization now uses. >> reporter: ken caldera authored a new study that claims wind is the way. >> the wind you can't power civilization on wind today has to do with economics and engineering. >> reporter: he points for history. >> one of the reasons why fossil fuels are cheap is that they have received large subsidies from the federal government. >> reporter: right now wind power gets a subsidy, too. $1 billion a year from uncle sam. but that could vanish december 31st when the country hits the fiscal cliff. to caldera, that's the short-run risk. in the long run, he sees a clear, if not political pristine, path to more reliance on wind power. >> i think we'll eventually get to the point where we
. >>> enough energy from wind to power the entire many times over? it is not the latest sci-fi flick. some experts say it is a real possibility but the industry faces a possible setback. its controversial tax credit could go over the fiscal cliff. >> when swind placed on the surface of the earth, you can get something like 20 times the amount of power that civilization now uses. >> reporter: ken caldera authored a new study that claims wind is the way. >> the wind you...